COVID-19 almost one year on, it is time to assess who passed the test, and who failed.
The European Union owes much of its economic weight to its regional value chain and integration into the global value chain. But the EU’s global value chain role is shrinking, and while EU trade integration with China is increasing, it is mainly to China’s benefit, undermining the EU’s external competitiveness.
How can we ensure fair competition between European firms and Chinese state-backed players?
What should be Europe's strategy towards the Regional Comprehensive Economic Partnership (RCEP)?
China is no doubt bound to benefit, but other members of the regional trade pact may benefit even more
A look into the intermediary role of Hong Kong in financing cross-border Belt and Road Initiative projects and compare it with Singapore, a similar offshore financial center and competitor.
'The Communist Party has acknowledged that the outside world now is more of a risk than an opportunity.'
For all Beijing's ambitions of cracking the hegemony of the US dollar in the face of Trump administration sanctions, the yuan still has a long way to go.
An attempt merely to restore the pre-Trump status quo would fail to address major challenges; the task ahead is one of rebuilding, rather than repair. It should start with a clear identification of the problems that the international system must tackle.
Not just the EU but also other countries, particularly China, need a defence against weaponisation of the dollar.
If Donald Trump loses the United States presidential election in November, he will ultimately be seen to have left little mark in many areas. But in the US's relationship with China, the decoupling of economic links could continue, and that could force Europe into hard choices.